Commodity Tips By Experts for Today (6th September)

Market News: The major increase in the sowing acreage in India was seen in Cotton and Sugarcane, which is 18 percent and 9 percent respectively. Cotton was seen to be the most preferred crops by the farmers in the country. The highest increase comes from Telangana, which has sown 1.824 million hectares of Cotton against last year’s 1.25 million hectares, representing a 5 percent increase. Pulses sowing in India have seen a sharp decline, mainly in the central parts of India. Much of the decline in Pulses comes from Arhar, Farmers across the country sowed Arhar between 4 percent less in Madhya Pradesh and 40 percent less in Telangana.

Commodity Market Live:
MCX Gold is 16 points up at 30239 and Silver has hiked 81 points at 41502. Menthaoil is 6.20 points up at 1174 while Cotton jumped 150 points up at 19410 and Copper is 3 points up at 448.

commodity tipsCall: BUY GOLD OCT ABOVE 30270 TARGET 30350/30430 STOPLOSS 30150

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